Quanta Services, Inc. (NYSE:PWR) Stock Has Consensus Price Target of $761.24

Key Points

• Analysts remain broadly bullish: Quanta Services has a “Moderate Buy” consensus from 33 brokerages, with 23 buy, seven hold and three sell ratings. The average 12-month price target is $761.24, with recent targets ranging from $781 to $807.
• Recent earnings exceeded expectations: The company reported quarterly EPS of $4.24 versus the $3.31 consensus and revenue of $9.56 billion versus estimates of $8.61 billion, while revenue increased 41.1% year over year.
• Shares face valuation and market-positioning risks: PWR opened at $546.89, well below its $761.24 consensus target and recent moving averages, while its high P/E ratio of 62.64 and elevated put-option activity suggest investors remain concerned about downside and limited room for earnings disappointments.

Quanta Services, Inc. (NYSE:PWR - Get Free Report) has earned an average rating of "Moderate Buy" from the thirty-three brokerages that are currently covering the firm, MarketBeat Ratings reports. Three analysts have rated the stock with a sell recommendation, seven have issued a hold recommendation and twenty-three have assigned a buy recommendation to the company. The average 1 year target price among brokerages that have covered the stock in the last year is $761.24.

A number of analysts recently issued reports on the stock. KeyCorp upgraded shares of Quanta Services from a "sector weight" rating to an "overweight" rating and set a $807.00 price objective for the company in a report on Friday, August 7th. Guggenheim raised shares of Quanta Services from a "neutral" rating to a "buy" rating and set a $800.00 price objective on the stock in a research report on Friday, July 31st. Deutsche Bank Aktiengesellschaft cut shares of Quanta Services to a "sell" rating in a research note on Friday, July 31st. The Goldman Sachs Group set a $781.00 target price on shares of Quanta Services in a research report on Thursday. Finally, Weiss Ratings upgraded shares of Quanta Services from a "hold (c+)" rating to a "buy (b-)" rating in a research note on Tuesday, October 13th.

Quanta Services Stock Up 0.1%

Shares of NYSE:PWR opened at $546.89 on Monday. The company has a market capitalization of $82.22 billion, a PE ratio of 62.64, a price-to-earnings-growth ratio of 1.61 and a beta of 1.27. The company has a debt-to-equity ratio of 0.56, a current ratio of 1.10 and a quick ratio of 1.05. The business has a fifty day moving average price of $640.38 and a two-hundred day moving average price of $663.97. Quanta Services has a 1 year low of $408.36 and a 1 year high of $788.75.

Quanta Services (NYSE:PWR - Get Free Report) last announced its earnings results on Thursday, July 30th. The construction company reported $4.24 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.31 by $0.93. The firm had revenue of $9.56 billion during the quarter, compared to analyst estimates of $8.61 billion. Quanta Services had a return on equity of 20.55% and a net margin of 4.03%. The business's revenue was up 41.1% compared to the same quarter last year. During the same period last year, the firm posted $2.48 EPS. Quanta Services has set its FY 2026 guidance at 16.450-16.950 EPS. Analysts forecast that Quanta Services will post 15.37 earnings per share for the current year.

Quanta Services Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, October 9th. Shareholders of record on Thursday, October 1st were issued a dividend of $0.11 per share. This represents a $0.44 annualized dividend and a yield of 0.1%. The ex-dividend date of this dividend was Thursday, October 1st. Quanta Services's dividend payout ratio is 5.04%.

Institutional Trading of Quanta Services

A number of large investors have recently bought and sold shares of the company. Tower View Wealth Management LLC raised its stake in shares of Quanta Services by 1.8% in the third quarter. Tower View Wealth Management LLC now owns 11,577 shares of the construction company's stock valued at $7,438,000 after buying an additional 206 shares during the period. Kingswood Wealth Advisors LLC grew its stake in shares of Quanta Services by 17.2% during the 3rd quarter. Kingswood Wealth Advisors LLC now owns 2,210 shares of the construction company's stock worth $1,420,000 after acquiring an additional 325 shares during the period. Paladin Wealth LLC grew its stake in shares of Quanta Services by 15.8% during the 3rd quarter. Paladin Wealth LLC now owns 1,303 shares of the construction company's stock worth $837,000 after acquiring an additional 178 shares during the period. Radnor Capital Management LLC increased its holdings in Quanta Services by 21.7% in the 3rd quarter. Radnor Capital Management LLC now owns 5,393 shares of the construction company's stock worth $3,465,000 after acquiring an additional 960 shares during the last quarter. Finally, Norris Perne & French LLP MI increased its holdings in Quanta Services by 1.9% in the 3rd quarter. Norris Perne & French LLP MI now owns 5,029 shares of the construction company's stock worth $3,231,000 after acquiring an additional 94 shares during the last quarter. 90.49% of the stock is owned by hedge funds and other institutional investors.

Key Stories Impacting Quanta Services

Here are the key news stories impacting Quanta Services this week:

• Positive Sentiment: Exposure to grid modernization and AI infrastructure: Polen Capital highlighted Quanta Services as a beneficiary of long-term investment in power-grid modernization and infrastructure supporting artificial intelligence. This supports the bullish view that demand for the company’s engineering and construction services can remain strong. Quanta Services, Inc. (PWR) Offers Exposure to Grid Modernization and AI Infrastructure
• Positive Sentiment: Potential earnings beat: Zacks said Quanta has factors supporting a possible earnings beat in its upcoming quarterly report, including favorable earnings expectations and its Earnings ESP indicator. A stronger-than-expected result or outlook could help stabilize the shares. Quanta Services Earnings Expected to Grow
• Neutral Sentiment: Earnings are the next major catalyst: Quanta is scheduled to report results on Thursday, making revenue, margins, backlog and forward guidance particularly important after the recent share-price weakness. Quanta Services Set to Post Earnings on Thursday
• Neutral Sentiment: Analysts are also screening Quanta among construction companies that could beat quarterly estimates, reinforcing the possibility of a positive earnings surprise but offering no new company-specific results. Construction Stocks That Could Beat Earnings
• Negative Sentiment: Broad selloff and bearish options positioning: PWR declined substantially in the latest session, while unusually high put-option activity suggests traders are hedging against—or speculating on—additional downside. The move may also reflect profit-taking and concern that the stock’s premium valuation leaves little room for disappointment. Traders Buy High Volume of Quanta Services Put Options

About Quanta Services

Quanta Services, Inc is an infrastructure solutions provider headquartered in Houston, Texas. The company designs, installs, repairs, maintains and upgrades essential infrastructure for the electric power, communications, pipeline, industrial and energy industries.

Its services include electric transmission and distribution construction, substation and renewable-energy infrastructure, storm restoration, fiber-optic and wireless communications networks, natural gas and pipeline construction, and related engineering and maintenance work.

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